668 Meadowood StHudsonNC28638
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Hudson at 668 Meadowood St, Hudson, NC, 28638 offers $1,828/mo rent that, after a $2,687/mo payment. Total monthly income is $1,828/mo. Return on cash invested measures 9.98% in year one, and rental yield stands at 4% at a $549,000 entry. Equity gained on principal adds $3,543/yr while 5% annual appreciation compounds into $151,679 by year five. Five-year ROI records 49.44% and total cumulative return in cash reaches $89,300. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,828/mo property income versus a $2,687/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28638, Hudson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,477 (100%) |
| Owner Occupied HU | 3,555 (64.9%) |
| Renter Occupied HU | 1,565 (28.6%) |
| Vacant Housing Units | 357 ( 6.5%) |
| Median Home Value | $221,870 |
| Average Home Value | $251,869 |
Housing Distribution
Address Breakdown
Residential
5,166
Single Family
5,086
Multi-Family
80
Businesses
362
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Listed by: Brittney Bashaw • Berkshire Hathaway HomeServices Blue Ridge REALTORS
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4284086